This is based on old analysis. The thinking is that once gold goes to $300, people should sell. In a normal market, in a normal world - this would be true. However, the world is in a major market turmoil regarding the dollar which has never occurred before. There is too much major debt in too many countries, including ours. Gold will still be a safe haven. Yes, gold stocks will dip, but will continue to rise going against former economic thought.
I agree with you..but I've been around a long time, and my first in gold stocks..in at 4.83 and I listenned to all you experts and did not sell this a.m at about 8.40..my gut said get out..and i'm in Drooy at 1.28..I'm a fool for reading this crap by you experts..but I'm in agreement there is so much shit going on in the world today like I've not seen in thirty years of investing..I dod not want to be w/o it..but it was WAY extended/!!